Shiras Ruchama Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851309083 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Shiras Ruchama Inc?

Shiras Ruchama Inc, located in Lakewood, New Jersey, is a parochial elementary school dedicated to providing education. The organization's primary focus is on operating a primary school, aiming to provide a nurturing and educational environment for its students. Shiras Ruchama Inc is committed to the development of its students, offering them a comprehensive educational experience in a religious setting. The school's mission underscores its dedication to the operation of a parochial elementary school, ensuring the continuous growth and learning of its students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating)

Shiras Ruchama Inc has earned a Three-Star rating from Charity Navigator, indicating that it has a moderately strong performance. The organization demonstrates solid accountability and financial health, with a score of 75% in this area. Key strengths include a fully independent board and effective governance practices, such as a conflict of interest policy and documented board meeting minutes.

The nonprofit allocates a significant portion of its budget to program expenses, with a program expense ratio of 82.40%, which highlights its commitment to effectively utilizing its resources towards its mission. Additionally, the organization maintains a low liabilities to assets ratio of 40.10%, suggesting a stable financial position.

While the overall rating reflects well on the organization, the moderate score leaves room for improvement in various facets, possibly indicating areas where transparency or operational efficiency could be enhanced. Overall, Shiras Ruchama Inc appears to be a responsible steward of its resources, with a focus on fulfilling its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Shiras Ruchama Inc legitimate?

Shiras Ruchama Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shiras Ruchama Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $32,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,311

For more financial information, click here

What is the mission statement of Shiras Ruchama Inc?

Shiras Ruchama Inc. is dedicated to the operation of a parochial elementary school. This institution aims to provide quality education within a religious context. Its mission is to create an environment that fosters learning and personal growth, ensuring a well-rounded education for its students. The school seeks to instill values and knowledge, preparing its pupils for future academic pursuits and responsible citizenship.

Who is the CEO of Shiras Ruchama Inc?

Zev Gelernter is the Trustee of Shiras Ruchama Inc.

What is the revenue of Shiras Ruchama Inc?

Shiras Ruchama Inc's revenue in 2022 was $866,405.

Who are the executives of Shiras Ruchama Inc and what are their salaries?

The average compensation at Shiras Ruchama Inc during 2022 was $15,289. There are 8 employees at Shiras Ruchama Inc.


Here are 3 key members and their salaries:


Zev Gelernter (Trustee)
  • Compensation: $32,000
  • Related: $0
  • Other: $0
Pesach A Cohen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Mayer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shiras Ruchama Inc?

Shiras Ruchama Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shiras Ruchama Inc

Shiras Ruchama Inc, a renowned organization, is dedicated to the operation of a parochial elementary school. This mission involves providing educational services to young learners in a nurturing and faith-based environment. The school aims to foster academic growth and moral development, preparing its students for future endeavors. The institution serves as a beacon of knowledge, instilling values and promoting a well-rounded education. By operating a parochial elementary school, Shiras Ruchama Inc contributes to the community by offering a unique educational experience that integrates spiritual and academic learning.

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Impact




July, 2024

Shiras Ruchama Inc's impact is centered on providing a quality education through the operation of a parochial elementary school in Lakewood, NJ. Their focus on delivering educational services supports the development and growth of students in the community, contributing to their academic and personal success. By fulfilling their mission of running a parochial elementary school, Shiras Ruchama Inc plays a vital role in shaping the future generation and fostering a positive learning environment.




This information is meant to be a general summary of Shiras Ruchama Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$866,405 (2022)
20212022$0$250k$500k$750k$1M
Expenses
$499,442 (2022)
20212022$0$150k$300k$450k$600k
Efficiency
202120220%15%30%55%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $117,693
  • Gross Receipts: $866,405

Assets and Liabilities:

  • Total Assets: $465,590
  • Total Liabilities: $116,749
  • Net Assets: $348,841

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$117,693

Organization Details

Founding Year

2020

Principal Officer

Zev Gelernter

Main Address

924 NEW HAMPSHIRE AVENUE, LAKEWOOD, NJ, 08701

NTEE Category

Code: B24 - Education

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